EPS for Diamondback Energy, Inc. (FANG) Expected At $1.40

January 13, 2018 - By Dolores Ford

 EPS for Diamondback Energy, Inc. (FANG) Expected At $1.40
Investors sentiment increased to 1.53 in 2017 Q3. Its up 0.32, from 1.21 in 2017Q2. It improved, as 43 investors sold Diamondback Energy, Inc. shares while 92 reduced holdings. 64 funds opened positions while 143 raised stakes. 104.84 million shares or 6.40% more from 98.54 million shares in 2017Q2 were reported.
74,000 are held by Eulav Asset Mgmt. Citadel Advsrs accumulated 442,046 shares. Mitsubishi Ufj owns 181,638 shares or 0.03% of their US portfolio. Rothschild Asset Mngmt holds 6,660 shares. Moreover, Teachers Retirement Systems Of The State Of Kentucky has 0.01% invested in Diamondback Energy, Inc. (NASDAQ:FANG) for 12,161 shares. Gsa Partners Limited Liability Partnership owns 8,484 shares for 0.06% of their portfolio. Moreover, Gulf International Bancorp (Uk) has 0.04% invested in Diamondback Energy, Inc. (NASDAQ:FANG). Commonwealth Equity Service accumulated 16,524 shares or 0.01% of the stock. Prudential Public Ltd Co invested 0% in Diamondback Energy, Inc. (NASDAQ:FANG). Triangle Secs Wealth Management reported 3,660 shares stake. Marietta Partners Limited Liability Corp has invested 1.87% in Diamondback Energy, Inc. (NASDAQ:FANG). Hsbc Hldg Public Limited Co owns 24,475 shares for 0% of their portfolio. Bokf Na invested in 1,441 shares. Aperio Limited Liability Company holds 0.02% or 34,910 shares in its portfolio. Bb&T Limited Co holds 0% or 2,877 shares in its portfolio.

Since August 30, 2017, it had 0 insider buys, and 10 sales for $2.17 million activity. The insider Hollis Michael L. sold 1,000 shares worth $100,000. Another trade for 5,000 shares valued at $559,142 was made by Molnar Paul on Monday, December 11. $387,564 worth of stock was sold by Pantermuehl Russell on Wednesday, September 20. $112,129 worth of Diamondback Energy, Inc. (NASDAQ:FANG) shares were sold by Dick Teresa L..

Analysts expect Diamondback Energy, Inc. (NASDAQ:FANG) to report $1.40 EPS on February, 13.They anticipate $0.50 EPS change or 55.56 % from last quarter’s $0.9 EPS. FANG’s profit would be $137.43M giving it 23.24 P/E if the $1.40 EPS is correct. After having $1.33 EPS previously, Diamondback Energy, Inc.’s analysts see 5.26 % EPS growth. The stock increased 0.18% or $0.24 during the last trading session, reaching $130.14. About 1.03 million shares traded. Diamondback Energy, Inc. (NASDAQ:FANG) has risen 18.62% since January 13, 2017 and is uptrending. It has outperformed by 1.92% the S&P500.

Diamondback Energy, Inc. (NASDAQ:FANG) Ratings Coverage

Among 38 analysts covering Diamondback Energy (NASDAQ:FANG), 34 have Buy rating, 0 Sell and 4 Hold. Therefore 89% are positive. Diamondback Energy had 101 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, January 9 by Piper Jaffray. The rating was maintained by Piper Jaffray with “Buy” on Thursday, October 19. The company was downgraded on Thursday, February 18 by Canaccord Genuity. The stock has “Buy” rating by BMO Capital Markets on Friday, August 11. The firm earned “Buy” rating on Tuesday, October 11 by Wunderlich. The rating was initiated by Credit Suisse with “Buy” on Monday, December 11. The firm has “Buy” rating given on Friday, September 1 by Stifel Nicolaus. Deutsche Bank initiated the stock with “Buy” rating in Wednesday, December 2 report. The firm has “Buy” rating by Wunderlich given on Thursday, January 14. The rating was maintained by Topeka Capital Markets with “Buy” on Wednesday, January 13.

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas. The company has market cap of $12.78 billion. The Company’s activities are primarily focused on the Clearfork, Spraberry, Wolfcamp, Cline, Strawn, and Atoka formations. It has a 30.67 P/E ratio. As of December 31, 2016, the company??s net acreage position is approximately 105,894 acres in the Permian Basin; and estimated proved oil and natural gas reserves were 205,457 thousand barrels of crude oil equivalent.

More news for Diamondback Energy, Inc. (NASDAQ:FANG) were recently published by: Seekingalpha.com, which released: “Is Diamondback Really The Best Pure-Play In The Permian?” on December 25, 2017. Livetradingnews.com‘s article titled: “Diamondback Energy Inc (NASDAQ:FANG) Time to Take Profits” and published on December 29, 2017 is yet another important article.

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